Global contemporary art events and news observed from New York City. Suggestion? Email us.
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New Yorker Profiles MoMA’s Recent Acquisition of Chris Ofili’s “Holy Virgin Mary”

May 23rd, 2018

Chris Ofili, Holy Virgin Mary, via BloombergThe New Yorker has a piece on the infamous battle between Rudy Giuliani and Chris Ofili over the artist’s The Holy Virgin Mary, which the then-mayor sought to have removed from a show at the New Museum, and which has now been acquired by MoMA. “When we acquired the work and put it in front of our committee, it looked like it had descended from Heaven,” MoMA curator Laura Hoptman says.
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Germany Looks to Increase Arts Funding by $353 million

May 23rd, 2018

Grutters, via ArtforumGerman minister of culture Monika Grütters has announced plans to increase the nation’s arts funding by approximately $353 million. Grütters feels the budget sends “a strong signal that culture is the foundation for our open and democratic society.” 
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LA Times Profiles Strong Growth for Nigerian Art Market

May 23rd, 2018

Art X Lagos, via LA TimesA piece in the LA Times this week notes the surging popularity of Nigerian art on the international market, and the institutions springing up to cater to a thriving market. “There’s a generation of young, vibrant artists of Nigerian or African origin who have felt that the gallery infrastructure in West Africa is not sufficiently developed for them to connect with the international art market from their home base,” says Tokini Peterside, founder of the Art X Lagos art fair. “For generations, when it comes to exporting its cultural capital and so many other things, Africa has had to go overseas.”
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REFERENCE LIBRARY

Jose Berardo

Collector’s Birthdate: b. 1944

Berardo is a Portugese businessman who has amassed a fortune worth over $1 billion from, gold mining in South Africa. He is also an active stock trader. Recently, he opened up his extensive art collection to the public, displaying works by artists like Picasso, Dali and Miro at the newly opened Museu Berardo in the Centro Cultural de Belem in Lisbon.

Though auction houses like Christie’s and Sotheby’s have pursued his collection, valued at more than $400 million, he has never sold a work of art. Other artists included in his extensive collection of over 1,000 works include Pop Art by the likes of Warhol and Lichtenstein, Realist pieces by Bacon and Balthus as well as several works by Minimalist artists. In 2007, he tried to purchase the futbol club S.L. Benfica.